2003-09-08

Breakthrough in KOREA

Breakthrough order for Lidköping Machine Tools AB

Breakthrough in KOREA

Breakthrough order for Lidköping Machine Tools AB


Lidköping Machines Tool AB, a subsidiary within the KMT group, has received a breakthrough order on the Korean market from Samsung Electronics. The order consists of grinding machines for air condition compressor details, mainly used by private persons.

An order from SAMSUNG Electronics with a worldwide market, can imply for LIDKÖPING a future global co-operation with large potential.

- Receiving this order in competition with Japanese manufacturers shows that
LIDKÖPING machines are the best in a productivity and quality point of view, says Johan Westberg, Managing Director at LIDKÖPING.

Samsung Electronics is worldwide leading within electronic-, mechanical heavy industry and chemical industry.

The order value is accounted for in the KMT groups’ inflow of orders in the second quarter.